Let This Sink In!

 


LET THIS SINK IN GOOD!!!!!!!

        Before you send one cent!
        Before you let celebrities as you for Donations!
        Before donating to rebuild Hollywood!

        REMEMBER the people in Asheville NC sleeping in tents and campers in this cold weather Right Now!!!!!

This crappy Government and crappy ran Nation "Needs To Remember That" every time they send Millions/Billions of dollars to another country.
Biden crashed this economy by giving $95 billion assistance to Ukraine, Israel and Taiwan which has add financial burden on American Citizen and American Citizen Benefits abroad. The HIGHEST INFLATION rate in US history is now at 20.49%. The highest year-over-year inflation rate observed in the U.S. since its founding 
 in 1778 was 29.78%.

America's "Great Depression," the dramatic crash of the stock market on "Black Thursday," October 24, 1929 then, the year 1981-82 recessions were triggered by tight monetary policy in an effort to fight mounting inflation.

Then, postwar recession between 1990-91 downturn was exacerbated by several external factors such as the Persian Gulf crisis, the savings and loan col- lapse, and continued job cutbacks as a result of lower defense spending.

Then A combination of the Dot Com Bubble collapse and the September 11th attacks lengthed and worsened the recession 2001.

Then, in 2007, more U.S. mortgage holders began defaulting on their repayments, subprime lenders went bankrupt, culminating in April with the bankruptcy of New Century Financial. Followed by a a major panic broke out on the inter-bank loan market 2008.

Floowed by the combination of banks being unable to provide funds to businesses, and homeowners paying down debt rather than borrowing and spending, resulted in the Great Recession that began in the U.S. that lasted over 19 months until June 2009.

The current recession is thinks to The COVID-19 pandemic that was devastatingly sharp contraction of economic activity and huge job losses into early 2020 that government restrictions and fear of the virus with government "MANDATED" restrictions that were issued on March 12, 2020 that kept people at home and businesses doors shut.

Followed that, the federal COVID-19 PHE declaration ended on May 11, 2023, but still felt all through 2024.

Damage Done! Some Airlines; Automobiles; Energy Equipment & Services; Hotels, Restaurants & Leisure; and, Specialty Retail places closed their doors permanently, if they didn't file bankruptcy or both. PEOPLE LOST THEIR JOBS! And many had a hard time reestablishing new jobs and lost what they had!

$95 Billion Dollars would be $283.7 Million Dollars to each House Hold. Current US Population is 334.9 Million!



Comments

Popular posts from this blog

Secret Sister' gift exchange is illegal

Repeated Nonsense